russia says it won't be selling its air defense missiles to iran. russian authorities are not going to supply a deal on missile defense system to. full compliance with yours. on. the arctic ice breaker moscow plays host to scientific top brass to prevent a battle for the north pole the source it's. hard talks at the u.s. in the lead him summit all gripping the big apple. world leaders are in new york tackling poverty and hunger the middle east peace quartet calls upon israel to extend a freeze on settlement construction would bring you all the updates from new york they had in the program. and coming up in the business that the russians do make of

seven dollars trying to get gold at least the new company on the london stock exchange with the details about twenty minutes time. you're watching r t coming to you live from the russian capital welcome to the program now to war top story russia will not supply its advanced air defense missile systems to iran the chief of staff of the russian armed forces says moscow shelved a plan because the missiles fall under the latest u.n. sanctions on iran would alter our lives to our kids are going to know for more how they're jaeger now moscow has an agreement with tehran on the delivery of these weapons so has that agreement been cancelled. well according to. the chief of staff

the a forty seven decided not to supply nice fast three hundred missile defense systems since the fall directly under the latest set of the un security council sanctions on tehran which was adopted back in june and it limits conventional arms putting ships thanks attack planes military helicopters. and russia says that it complies fully with the publication's all these sanctions and with the united nations security council decision and that's why these missile defense systems are not going to be supplied however the chief of staff has also said that the contract itself which was signed back in two thousand and seven between most going to iran and russia was supposed to supply five divisions of these past three hundred missile defense systems and it's worth around eight hundred million u.s. dollars the contract has not yet been canceled since. the write up the president

and the forty's are reportedly just waiting for iran's a reaction on their latest announcement ok but how is moscow's decision walk into effect russia iran the relationship. it's really hard to say at the moment the relationship between. russia and iran has been quite complicated has seen quite a lot of ups and downs just last winter when the sanctions were not yet adopted russia deal laid the shipments of these as three hundred missile defense systems to your run saying that if there were some technical problems iran warned russia that if it failed to ship these arms to the country it would make it we in fact the relationship between the two countries but on the other hand russia has just built and held stored to be who share a nuclear power plant in iran under the supervision of the international atomic energy agency and. both jenner and moscow seem to pledge to continue and in fact

increase cooperation in the peaceful nuclear sector so at the moment we're still going to have to wait for iran's reaction to see how exactly is this latest decision by moscow going to effect. ok thank you very much for that that was the piece going to bring us the latest on russia's decision to stop selling air missile systems to iran now to discuss the implications of moscow's decision i'm joined in the studio by dimitri love from the think tank the council on foreign and defense policy in russia now i thank you very much for joining us now there were sanctions against iran in june now why is it now that russia is making this decision not to deliver missiles to iran i think it's related to the forthcoming u.s. congressional elections and it is aimed at strengthening the political standing of the obama administration and democrats as such though there is much criticism on

the part of the republicans in the united states that the reset of the u.s. relations with russia is senseless because it doesn't say there are a lot of accusations that the united states made concessions make good gestures to rush or don't get anything back. there were as much criticism even with the substance of the sanctions against iran so not of no rush are in now and that it's the last show waiting that the reset really does pay and that by improving relations with russia united states really does get what it wants it really has its vital interests visit iran realized we're going to we also know the russia is planning to spend more than six hundred billion dollars to recruit its army and we also know that there are plans that moscow will might buy weapons from military technology from the u.s. now could this relationship between the u.s. and moscow have affected this decision now you know there is. no direct

relationship but there is an indirect relationship first this decision is a further step towards improvement of the overall political atmosphere of the u.s. russia relations which in its terms helps russia to purchase american weaponry and to establish true tamils for relations send improved military to military relations to start the middle true dialogue and to use the united states of the source self russia's military modernization second. all of these steps actually. fall into the same logic called the reset this logic is based on the fact that the sides use the improved relations as an instrument to accomplish their needs. the united states needs russia supports and need gestures on the wrong and it does get russia needs the united states help to modernize its weaponry it's also guess so the logic of the reset works and there have been reports that iran has

already acquired several s. three hundred systems from bella bruce now does iran still need missiles from russia well first of the reports have not been confirmed and there are still dots there were rumors. secondly well if you ask does iran need i think it does because the more. three hundred. weapon. systems it has the better for him do you think that this decision of moscow will have any effect on the balance of power in the middle east not treeless so do you two reasons first . i relived that the united states seriously contemplates. conducting a military strike against iran because the consequences will be disastrous indispensable whether iran has those. missile or anti air. three hundred almost and secondly russia has made it very clear

that indispensable of reposts mong with the united states and indispensable of this decision to. purchase nevertheless. overall partnership affiliations with. russia to get decisions to start or. plant quite recently showing that corporative relations with iran persistent will develop food that russia does not limit in any way political dialogue with iran and the meetings and you know summits go on and so on and so forth russia does not subscribe to the united states to create an illusion of your own an isolation from the international system so on and so forth so the approach is really balanced and . the real distribution of.

all right thank you very much for your insight that was a dimitri simes from the think tank the council on foreign and defense policy in russia. and now some of the finest scientific minds are in moscow to make sure a different kind of cold war doesn't break out they are working on the next chapter for the future of the arctic region or a quarter of the world's oil and gas lies beneath the sea and the country surrounding it are keen to get their share and let's get more from our teams cutting. hello to you are cutting you know now with all this untapped well how likely is it that the arctic will turn into a theater of war. very unlikely judging by what we've seen so far tests of course all of the countries that have an interest in a stake in the arctic namely russia the united states canada and to scandinavian states all of them have a very big interest and of course all want a bigger piece of the pie. that is the untapped seabed full of natural resources

oil gas various minerals so the arctic is a very tempting piece but so far all of the sides that have a stake and have a potential claim to all of the resources have agreed to work out their issues and differences calmly peacefully they have put forward their claims they're trying to work together to make sure that all. unpleasantries are avoided and that the matters are settled in a very diplomatic and civilized manner so despite the fact that the temptation is huge it seems that all parties involved really do want to make sure that the negotiations and the do thing up once it comes to that is actually fair and square and done by the book all access to the region's resources is not possible due to rapid melting of polar ice which is an ecological disaster itself but with all the exploration wonted make the situation in the arctic even worse. well this is one of the topics on the agenda of the international arctic forum here russia of course

maintaining the fragile ecosystem that is the arctic and the north pole and trying to get and tap at all of the resources that lie underneath the ice and water without damaging the ecology and the system that exists there as it is that of course the arctic is already affected by global warming so it's a very very difficult issue and one that has received a lot of attention here and talk a little bit more about this we're joined live by this professor mark men from the university of cambridge thank you so much for taking the time to talk to us now closer to preserving the ecosystem of the arctic whilst getting at its resources seems to be like an impossible task is it one of the inspirations of the ingenuity of humankind is that if we think that we can build it and so part of the strategy that we're identifying is a need to have resource development in the. environmentally.

damaging manner. how this matures is it is a question that technologies will help to address but there certainly are other issues associated with resources that are far more immediate and important to resolve terms of promoting cooperation and venting conflict so those are the issues that you would save a lot as being more immediate perhaps well i would think in the in the long term as well as in the short term issues of stability in the region will allow the opportunities to mature. and so those are must be first and foremost on the minds of all involved i have been here at throughout the day listening to lectures people speaking bringing out sharing their ideas do you think that for us like these actually help with that bringing together people from different aspects different areas of life politicians scientists research an expert so is this

a good idea it's a it's a necessary step if we look at the problems that we face as a civilization. certainly on planetary scales and as well as regional scales the timeframe of the solution often is decades which means that it's impossible to envision any magic bullet that suddenly appears instantaneously and solves the problem once and forever so the solutions really are dialogues and russian geographic society is to be complimented for their vision and issuing a dialogue that will. that will support the type of cooperation avoidance of conflict that is necessary to make the arctic a region that is used to the interests of all mankind. no eve said before said underline the necessity of dialogue with some skeptics already saying that maybe this won't get any further than dialogue maybe it'll be all talk and no action.

what do you think well again it's a matter of looking into the future. we're faced with levels of urgency suddenly everybody is talking about the vast amount of riches on the sea floor and and how nations will carve up the region for themselves the arctic states the coastal states and pick particular of also talked about their stewardship responsibility in the stewardship is in the interest of all of mankind so at the same time there are expressions of national interest there are expressions of common interest and so really the balance is one of them of achieving national interests and common interests not just for the arctic states themselves but for the world as a whole. if we look into the future with the changing sea ice conditions there will be opportunities for transit across the north polar region as a new trade route which means that will become economically feasible to travel between the north atlantic in the north pacific in ways that wasn't possible in the past and those types of opportunities will mature over decades and so in some sense

the infrastructure associated with energy oil and gas will be a prelude to the type of long term infrastructure that will be associated with trade routes which presumably is going to be the long term economic benefit from the changing environmental conditions in the arctic and test excel not only short term benefits but potential long term benefits professor bevan thank you so much my pleasure thank you for the opportunity tessa as you see and many say it is walking on thin ice deciding the arctic future but everybody here certainly seems optimistic all right that was cut to be no thank you for that report now iceland's president says moscow plays a key role in preventing the arctic from becoming a battleground for its natural wealth. beyond because become one of the most crucial parts of the world will speak oh so be any t.v. shows as the country found in the arctic because of climate change because of the

opening up of the new sea to go there for you to study important that you have constructive dialogue the corporation and russia you should invite to both my country on the all the countries in the arctic us why the us resource just and scientists to come to gaza cooperate with russia in a very constructive way so this forum in my opinion is a very strong and positive signal from russia. a positive and effective tool for a ship and you don't do. longstanding pledges to eradicate world poverty and hunger are in sharp focus at the u.n. summit in new york also on the sidelines of the meeting the middle east peace quartet tried to encourage israelis and palestinians to make a breakthrough in relations between before and that after direct peace talks between the two sides last week but settlements of major stumbling block earlier and israeli security guards shot dead a palestinian man in contested east jerusalem sparking riots israeli police fired

tear gas to disperse the protesters and us to see if you're going to has more on the peace negotiations and the issues facing politicians at the u.n. summit. holding talks on the sidelines of the united nations general assembly the middle east peace quartet which consists of russia the united states the european union and the united nations has urged israel to extend its freeze on settlement construction in the west bank and gaza palestinians have said that israel can forget about direct talks if this moratorium is not extended and with these to go before the deadline of the moratorium israel has already said it is refusing to extend this moratorium so now the clock is ticking and after being on and off and on and off again direct talks between the israelis and palestinians did not take place for as long as two years and actually took place for the first time in two years earlier this month now meanwhile the united nations millennium development goal summit has also been taking place back in the year two thousand world leaders

have agreed on a set of eight targeted goals which they hope to meet by the year twenty fifteen these include things like eradicating poverty and hunger in the world a very difficult task and so far results have been mixed especially considering the difficult economic situations that many countries are faced with right now and the russian foreign minister sergei lavrov was giving a speech at the summit he outlined that russia had donated as much as eight hundred million dollars to developing nations in the last few. alone interesting an important point that he had made is that he calls upon countries to not try to ask other nations to impose unilateral economic sanctions against other nations take a listen to what he had to say which is sometimes to resolve the issues in the un charter the world community has to resort to such measures like economic sanctions but it has long been agreed that it's necessary to observe the so-called humanitarian boundaries of the sanctions to prevent the negative influence on the

people in the country social and economic development. we're concerned about the unilateral measures of restraint forcibly introduced by some states against developing countries exceeding in the u.n. security council chancellor. this practice contradicts the efforts of the millennium development goals and has to be stored. now foreign minister sergei lavrov did not mention countries names but of course we know that the united states was pushing nations to impose unilaterally konami sanctions against iran even after the united nations security council had imposed a fourth round of sanctions against the country there have been a number of protests taking place in new york city the biggest one of them we're expecting will take place on thursday when mahmoud ahmadinejad addresses the one general assembly and many more speeches and events are taking place throughout the week among them a meeting of the five permanent members of the security council plus germany on iran and of course we will keep our viewers posted on all the latest details. and

now let's look at some other international news this hour at least ten people have been killed in an explosion in the town of mahabharat own northwestern iran about twenty others were injured it occurred during a military parade as the country marks the thirtieth anniversary of the beginning of the war with iraq a provincial governor believes that kurdish separatists are behind the attack. china has demanded the japan release the captain of a fishing boat who was detained in the east china sea the country's premier wen jiabao has threatened to take action against japan if the situation is not addressed the chinese vessel crashed into two japanese coast guard boats new toy i want to weeks ago the crew were arrested causing beijing to suspend contact with tokyo. the commonwealth games in new delhi has been hit by further setbacks after two athletes pulled out and others cancelled their flights to next month's event over forty officials and competitors from the scottish team have

already postponed their journey it comes after questions over safety were raised following the collapse of a foot bridge which injured twenty seven laborers the games take place every four years among mainly former british colonies. the us supreme court has refused to block the state of virginia's first execution of a woman in nearly a century three salukis is convicted of two hard killings to collect insurance money judge just rejected her lawyers appeal that this will be unconstitutional as woman has a low i.q. the execution is planned for thursday. now you can always find all our stories and much more on our website dot com and up next all the latest business news with charlotte. hello and welcome to the business program with michel i was folly to a new car plans operated by foreign companies have opened in st petersburg experts

say the high and i am magna factories will substantially to the development of the country's automated industry prime minister vladimir putin officially opened both enterprises and promised to continue supporting foreign investors and tell you how clover reports from st petersburg. it took russia a lot of effort and money to steer the car industry out of the crisis and though it's too early to reap all the benefits some progress can already be seen as sales of locally made cars are back to growth and global brands expand their presence the russian government is seeking to develop the domestic manufacturing base by ensuring local production of car components but. this is that we will create more attractive investment terms in russia to make it profitable for foreign companies to work here we will also make sure the production will be of the necessary quality in volume to cover the demands of the internal russian market and provide good terms for export abroad. st petersburg with its automotive cluster is seen

as setting an example of how russia goes about further industrial development prime minister vladimir putin has opened the facilities of two more residents of this techno paulk the huge die plant which will be its first full cycle cup production enterprise in russia and that no auto parts factory intended to be here in days a major supplier a car utility plant built by the canadian company will have an annual production capacity equivalent to one hundred million dollars the canary and also components produce a silent supply agreements with him and a general motors that rests on already working in st petersburg area even before its own blog has been officially opened whether magnus enterprise the idea to localize full cycle call production in russia will finally become a reality. magnus crow chief executive officer believes russia should continue creating incentives for investors and says he's company is keen to open more plants

in russia car companies somebody plants here will continue to grow which means the auto parts industry needs to grow so whether we have ten plants here and ten years or thirty points here really depends on what we're being asked to do by our customers and how competitive we are but it is a very key growth. area strategy for. to grow our business in russia as much as sixty percent of policy russian cut production could be made locally within the next six years the government believes the increase localization along with more from the cycle call factories will provide russia is also industry with a much needed shot in the arm at the. same. let's have a look at the markets the following our own european stocks are sliding reversing gains banks are leading markets lower on concerns like the pace of the global economy economic recovery following choose a report from the federal reserve. three percent see the stock but mine is the

lending some support to the higher gold price and here in most game models are in the red this hour weakness in banking stocks is dragging on the indices but spare bank shares one point two percent on the my sex cast from is also suffering that rolls telecom is bucking the downward trend of the third of the senate this hour. now in other news russian still make several style is reportedly planning to spin off its gold asses and list the new company on the london stock exchange the financial times newspaper says the offering may take place later this year and could be worth as much as four billion dollars citing people close to the company the paper as that service dolphin will retain a seventy percent stake in the gold unit seven star thinks bonding gold that the series of acquisitions including the recent purchase of canada's crew gold meanwhile boy and prices are currently at record highs as investors use the precious metal as a hedge against economic uncertainty and inflation. now the market for retail

financial services in russia is still under developed the bulk of people living have no private pension plan hold no insurance or any other form of investment product this is unlike more developed economies where nearly everyone insures that home many is short their life in health and hold private pensions under age of being in european directive or corporate and partnerships russia explained why the russians buy and listen sure as there were people doing the euro book problems of the city and probably russia in addition we hear from the foregoing problem so the trust in financial institutions or the lower stability of the economy is not because people would like to have they don't plan long term they don't have traditional investing long term and also financial institutions are under developed in the sense of the still could be more products better regulations and better solutions for percussionists. and the update for this hour you can always find more

stories on our website r.t. dot com slash business. the for.

every month we give you the future we help you understand how to get there and what tomorrow brings the best in science and technology from across russia and around the world. join us for technology update on our keep. a close up team has been to the our hangal speak. for the first russian fleet was books on r.t. goes to the area which holds top position in oil and gas resources to cover the biggest russian salmon cammy our processing factories located. and where unique species of farm fauna can be found. welcome to the suckling region. should close up on our teeth. wealthy british style holds sometimes it's

priceless. markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines in two cars a report. of a failed state this is not a provocation but a warning. before it and you should see steppers are you sure disapprove retraced because they have no idea about the hardships the we face. one it's the this is it. two minutes and for any army the life of a usaf is the most precious thing in the world. is of self-sacrifice and heroism with those who understand it fully but you have to live a. real life stories.